Have you noticed that while most people are still complaining about LINK's stagnant price and deadlock, the truly knowledgeable are already taking action?
The on-chain data explosion from a few days ago was quite impressive: 734,000 LINK, worth approximately $9 million, was suddenly withdrawn by a major whale from a leading exchange. This isn't random trading; it's a "true reflection of bottom-fishing"—smart large holders are transferring their chips from exchanges to cold wallets. What does this mean? They’re not trying to sell, but rather to hold tight and not let go.
Even more striking is this data: the LINK inventory on exchanges has fallen to its lowest point since 2020. Meanwhile, the US spot Chainlink ETF (GLNK) is quietly being accumulated by institutions, with assets surpassing $74 million.
This is strange—on one side, whales are stockpiling, and on the other, institutions are accumulating, yet the price stubbornly hovers around $12. When will this stalemate be broken, and the price surge to heights like $46?
CHAINLINK’s current situation perfectly illustrates "the calm before the storm." On the surface, the market seems calm, but the underlying currents of on-chain data and institutional strategies are gathering strength for a possible major upheaval.
However, for all investors, there’s an ultimate dilemma: "waiting" itself is both a strategy and a torment. How long will it take for the whales’ plans to unfold and for the sideways market to make a decision? No one knows. During this waiting period, how should assets be allocated? Should all in on this potential rise, or should some funds be reserved to hedge against this uncertainty? That’s the real test of one’s resolve.
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ChainBrain
· 12-24 06:53
Whales are hoarding, institutions are sweeping, and the price remains stubbornly at 12 yuan... This is just outrageous.
This waiting game is truly torturous. Who knows when it'll be our turn as retail investors to step in?
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just_another_wallet
· 12-24 06:52
Whales are accumulating, institutions are sweeping, and I'm just here watching the show.
What are you waiting for? $12 has been sideways for so long. Is there really still a dream of $46?
73.4K LINK was withdrawn in one go. This move... honestly, it's a bit hard to handle.
Historical low in inventory + ETF aggressively buying, I have to say the data is indeed strong, but the price just doesn't cooperate.
This is called "smart money in the dark, retail in the light," haha.
Wait, wait, I've been waiting and waiting, until even the flowers have withered. It's really torturous.
$46? Thinking about it drives me crazy. Let's just hope to see $15 first.
After such a long sideways movement, is it really just accumulating energy or is it truly hopeless?
View OriginalReply0
PumpDetector
· 12-24 06:52
ngl the exchange bleeding is real but 12 bucks is doing that thing again... everyone sees the whale moves, nobody talks about the exit liquidity problem tho
Reply0
SoliditySlayer
· 12-24 06:47
Wow, 734,000 LINK withdrawn in one go. This whale is really ruthless.
Looking at the trend, it does have some potential, but I don't know how long we have to wait.
Institutions are sweeping GLNK, big players are hoarding coins, but the price is still sleeping there. The disparity is a bit outrageous.
Instead of waiting to get out of the predicament, it's better to think about what to do if there's a reverse breakout.
Those betting on this wave are all warriors. I'll stay conservative.
View OriginalReply0
NervousFingers
· 12-24 06:47
Wait, withdrawing 9 million USD all at once? How confident must that whale be? Just watching makes me nervous.
View OriginalReply0
MevSandwich
· 12-24 06:39
Hmm... With a single withdrawal of 734,000 LINK, that's quite a move. But I still think waiting is the hardest part—who knows how long it will last?
Have you noticed that while most people are still complaining about LINK's stagnant price and deadlock, the truly knowledgeable are already taking action?
The on-chain data explosion from a few days ago was quite impressive: 734,000 LINK, worth approximately $9 million, was suddenly withdrawn by a major whale from a leading exchange. This isn't random trading; it's a "true reflection of bottom-fishing"—smart large holders are transferring their chips from exchanges to cold wallets. What does this mean? They’re not trying to sell, but rather to hold tight and not let go.
Even more striking is this data: the LINK inventory on exchanges has fallen to its lowest point since 2020. Meanwhile, the US spot Chainlink ETF (GLNK) is quietly being accumulated by institutions, with assets surpassing $74 million.
This is strange—on one side, whales are stockpiling, and on the other, institutions are accumulating, yet the price stubbornly hovers around $12. When will this stalemate be broken, and the price surge to heights like $46?
CHAINLINK’s current situation perfectly illustrates "the calm before the storm." On the surface, the market seems calm, but the underlying currents of on-chain data and institutional strategies are gathering strength for a possible major upheaval.
However, for all investors, there’s an ultimate dilemma: "waiting" itself is both a strategy and a torment. How long will it take for the whales’ plans to unfold and for the sideways market to make a decision? No one knows. During this waiting period, how should assets be allocated? Should all in on this potential rise, or should some funds be reserved to hedge against this uncertainty? That’s the real test of one’s resolve.